Zijin Gold International

What Zijin Gold International does

Zijin Gold International Company Limited (紫金黄金国际) is a Hong Kong-headquartered, publicly listed gold mining company and consolidated subsidiary of Zijin Mining Group Co., Ltd. Founded in 2007 and listed on the Hong Kong Stock Exchange in September 2025 following the largest gold mining IPO in history, the company specializes in the exploration, mining, processing, and sale of gold, with primary products comprising gold bullion, gold alloy, and gold concentrate. It operates nine producing gold mines across Ghana, Kazakhstan, Colombia, Suriname, Guyana, Australia, Papua New Guinea, Tajikistan, and Kyrgyzstan, with a pending C$5.5 billion acquisition of Allied Gold Corporation set to add three further African mines and bring the portfolio to 12 mines across 12 countries.

The underlying technology stack spans conventional open-pit and underground mining combined with advanced processing methods including carbon-in-leach (CIL), carbon-in-pulp (CIP), heap leaching, flotation, and cyanidation. Selected operations are deploying next-generation systems: Norton Gold Fields operates an autonomous haulage fleet of six 140-tonne trucks with technology partners EACON and Thiess, while Aurora Gold Mine runs the largest solar-plus-storage installation in Guyana (49.4 MW, 60 MWh). Total reserves stood at 917 tonnes of proved and probable gold at year-end 2025, against total measured, indicated, and inferred resources of 1,972 tonnes, supporting a reserve-to-resource conversion ratio of 47%.

Revenue is generated through direct sales of gold products to refiners, commodity traders, central banks, and financial institutions at prevailing market prices, with no hedging disclosed at the consolidated level. In FY2025, the company recorded revenue of US$5.38 billion (+80% year-on-year), net profit of US$1.87 billion (+202%), and free cash flow of US$1.79 billion (+359%) on production of 46.9 tonnes of mine-produced gold at an All-in Sustaining Cost of US$1,501/oz. The customer base is structurally commoditized (global gold buyers rather than named end customers), and capital allocation is dominated by an aggressive acquisition-led growth strategy funded through a combination of IPO proceeds, operating cash flow, and balance sheet leverage.

Name

Zijin Gold International

Legal name

Zijin Gold International Company Limited

Website

https://zijingoldintl.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Zijin Gold International (紫金黄金国际) is a Hong Kong-listed gold mining subsidiary of Zijin Mining Group that operates nine producing gold mines across nine countries, selling gold bullion, alloy, and concentrate to refiners, traders, and financial institutions at market prices.

Ownership category

akta.pro rank

Product category

Gold Mining

NAICS

Gold Ore and Silver Ore Mining (212220), Other Metal Ore Mining (212290)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Precious Metals Bullion & Concentrates Trading (Gold, Silver, PGM) (IMAKAJAD)

Keywords

• Gold mining
• Gold bullion
• Precious metals
• Mining operations
• Mineral processing

Headquarters

HQ city

Jordan

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Gold Product Sales: Zijin Gold International generates revenue through the sale of gold bullion, gold alloy (合质金), and gold concentrate produced from its mining operations across multiple countries. The company sells these products to refiners, commodity traders, and financial institutions at market prices.
2. Acquisition-Driven Growth: The company pursues value creation through strategic acquisitions of gold mining assets. Recent acquisitions include the Akyem Gold Mine in Ghana (100% ownership), Raygorodok Gold Mine in Kazakhstan (100% ownership completed October 2025), and the pending acquisition of Allied Gold Corporation (C$5.5 billion deal) which will add three gold mines in Africa.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Zijin Gold International is a global gold mining company that explores, mines, processes, and sells gold products including gold bullion, gold alloy (合质金), and gold concentrate. The company operates a portfolio of nine producing gold mines across Ghana, Kazakhstan, Colombia, Suriname, Guyana, Australia, Papua New Guinea, Tajikistan, and Kyrgyzstan, with additional mines pending acquisition in Mali, Côte d'Ivoire, and Ethiopia.

Product overview

Zijin Gold International is a subsidiary of Zijin Mining Group (A-share: 601899, H-share: 2899), incorporated in 2007 with headquarters in Hong Kong. The company specializes in the exploration, mining, processing and sales of gold, with primary products including gold bullion, gold alloy, and gold concentrate. The company's portfolio consists of nine gold mining operations across multiple countries: Akyem Gold Mine in Ghana (100%), Raygorodok Gold Mine in Kazakhstan (100%), Buriticá Gold Mine in Colombia (68.8%), Rosebel Gold Mine in Suriname (95%), Aurora Gold Mine in Guyana (100%), Norton Gold Fields in Australia (100%), Porgera Gold Mine in Papua New Guinea (24.5%), Jilau and Taror Gold Mines in Tajikistan (70%), and Taldybulak Levoberezhny Gold Mine in Kyrgyzstan (60%).

Differentiator

Problem solved

Functional benefit

Products and services

• Akyem Gold Mine One of the largest producing open-pit gold mines in Ghana, located in the Eastern Region on the world-renowned West Africa gold belt. Features typical orogenic gold deposit characteristics with thick ore bodies, consistent grades, and continuous mineralization.
• Raygorodok Gold Mine Located in Akmola Region, Kazakhstan, consisting of two open pits spaced 2 km apart. As of June 2025, held indicated and inferred resources of 208 million tonnes of ore with contained gold of 197.4 tonnes.
• Buriticá Gold Mine World-class, ultra-high-grade large gold mine and Colombia's first modern underground mine. Recognized by Colombian government as a project of national strategic interest.
• Rosebel Gold Mine World-class gold project and one of South America's largest operational open-pit gold mines. Located in Brokopondo and Sipaliwini Districts, northern Suriname.
• Aurora Gold Mine The only large operational gold mining project in Guyana. Located in Cuyuni-Mazaruni District. Originally a loss-making operation that resumed production and generated profits after Zijin Mining's acquisition.
• Norton Gold Fields Gold producer with mining, processing, and smelting operations in Western Australia. Has two operational centers: Paddington and Binduli. Features Australia's only ultra-large heap leaching project with 5 million tonnes annual capacity.
• Porgera Gold Mine One of the top ten gold mines globally and Papua New Guinea's second-largest gold project. Located in Enga province. Expected to produce average of 21 tonnes of gold annually at full capacity.
• Jilau and Taror Gold Mines Gold mines in Tajikistan, the largest gold producer in the country and first and only producer of high-purity copper. Located in Sogdiyskaya state.
• Taldybulak Levoberezhny Gold Mine (Left Bank) Third-largest gold mine in Kyrgyzstan, located in Kemin District within the Western Tianshan Mountain gold-copper mineralization zone. Integrated mining complex with processing capacity of 2,500 tonnes per day.

Quantifiable outcome

• Revenue of US$5.38 billion in 2025, up 80% year-on-year
• +4 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• EACONcoreTechnology or Integration · 18 May 2026Norton Gold Fields, a subsidiary of Zijin Gold International, partnered with autonomous driving technology provider EACON and mining contractor Thiess to deploy autonomous haulage operations with six 140-tonne trucks at the Havana pit in Australia. This partnership makes the company the second gold miner in Australia to deploy an autonomous truck fleet.
• ThiesscoreChannel Partner/ Reseller/ Distributor · 18 May 2026Norton Gold Fields partnered with mining contractor Thiess and autonomous technology provider EACON for the deployment of autonomous haulage operations with six 140-tonne trucks in Australia.
• Forestry Commission of GhanacoreStrategic or Co-development Partner · 26 March 2026Zijin Golden Ridge Limited (Akyem Gold Mine) partnered with the Forestry Commission of Ghana to implement the Atewa Biodiversity Offset Project, a 10-year conservation initiative designed to achieve No Net Loss of biodiversity through forest protection, habitat restoration, and community livelihoods support.
• Allied Gold CorporationcoreStrategic or Co-development Partner · 26 January 2026Zijin Gold International announced the acquisition of Allied Gold Corporation for C$5.5 billion, adding three large-scale open-pit gold mines in Africa (Sadiola in Mali, Bonikro and Agbaou in Côte d'Ivoire, and Kurmuk in Ethiopia). Upon completion, this will expand Zijin Gold International's portfolio to 12 gold mines across 12 countries.
• Curtin UniversitycoreStrategic or Co-development Partner · 22 October 2025Norton Gold Fields Pty Ltd, a subsidiary of Zijin Gold International in Australia, partnered with Curtin University to establish the Zijin Mining Scholarship. The partnership provides 10 scholarships annually for students pursuing degrees in geology, mining, mineral processing, and geotechnical engineering, with internship opportunities at Norton Gold Fields' operations.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Newmont Corporation: Newmont is one of the world's largest gold mining companies and the prior owner of the Akyem Gold Mine that Zijin Gold acquired in April 2025. It is a directly comparable senior gold producer with a global, multi-mine portfolio, making it the most relevant large-cap peer for benchmarking operations, AISC, and reserves.
• Agnico Eagle Mines Limited: Agnico Eagle is one of the largest senior gold miners globally, recognized for low AISC, strong reserve base, and operations across Canada, Mexico, Finland, and Australia. It is a relevant peer for benchmarking capital efficiency, AISC discipline, and reserve longevity.
• Barrick Gold Corporation: Barrick is a top-tier global gold producer and the joint-venture partner with Zijin at the Porgera Gold Mine in Papua New Guinea. It is a closely comparable peer in scale, geographic diversification across Africa and the Americas, and focus on tier-one gold assets.

Direct peers

• AngloGold Ashanti plc: AngloGold Ashanti is a major global gold producer with operations across Africa, the Americas, and Australia, with a comparable multi-jurisdictional, open-pit and underground mining model. Its scale, African footprint, and AISC profile make it a strong direct peer for Zijin Gold.
• B2Gold Corp. B2Gold is a mid-tier gold producer with producing mines in Mali, Namibia, and the Philippines, plus development projects. Its geographic overlap in West Africa and similar acquisition-driven growth model make it a relevant peer for Zijin Gold's smaller African mines.
• Endeavour Mining plc: Endeavour Mining is a West Africa-focused gold producer operating multiple open-pit mines in countries where Zijin Gold is expanding (Côte d'Ivoire, Mali, Burkina Faso region). It is highly comparable in asset mix, jurisdictional risk profile, and growth-via-acquisition strategy.
• IAMGOLD Corporation: IAMGOLD is a mid-tier gold producer with significant operations in West Africa (Côte d'Ivoire, Mali, Burkina Faso) and South America (Suriname), directly overlapping with Zijin Gold's geographic footprint and offering a comparable mid-cap peer benchmark.
• Kinross Gold Corporation: Kinross Gold is a mid-tier gold producer with operations in the Americas and West Africa. Its diversified multi-asset portfolio and focus on tier-one jurisdictions align with Zijin Gold's strategy of owning producing assets across multiple continents.
• Gold Fields Limited: Gold Fields is a South Africa-headquartered gold producer with operations in Africa, Australia, and South America. Its geographic overlap with Zijin Gold (West Africa, South America, Australia) and tier-one asset focus make it a closely comparable mid-to-large cap peer.

Others

• Zijin Mining Group Co., Ltd. Zijin Mining Group is the parent company of Zijin Gold International and one of China's largest mining companies (RMB 880 billion market cap). It is not a direct competitor but a controlling shareholder, capital provider, and technology source, making it the most relevant ecosystem participant for understanding corporate strategy and capital structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zijin Gold International